Table 117 -Use the Information in Table 11

question 54

Multiple Choice

Table 11.7.
$\begin{array} { | c | c | } \hline \text { Month } & \begin{array} { c } \text { Units Sold } \\( 00 ) \end{array} \\\hline 1 & 150 \\2 & 145 \\3 & 160 \\4 & 180 \\5 & 220 \\\hline\end{array}$
-Use the information in Table 11.7. The forecast for month 3 is

• A) less than or equal to 140 units.
• B) greater than 140 but less than or equal to 160 units.
• C) greater than 160 but less than or equal to 180 units.
• D) greater than 180 units.

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Definitions:

Income Redistribution

The transfer of income from certain individuals or groups to others through mechanisms like taxation, welfare, and subsidies to promote economic fairness.

Incentives To Produce

Factors or motivations that encourage firms or individuals to engage in production, including profits, market demand, or regulatory conditions.

Stock Concept

A financial term referring to the ownership of shares in a company or the total value of goods available in inventory.

Flow Concept

Economic measures that are defined over a period of time, such as income or expenditure, contrasted with stock concepts measured at a point in time.